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209, 211 & 217 Main Street
Royersford, PA 19468
Michael Choplin with RE/MAX Services, original listing - (215) 641-2500
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Currently Displayed Property Photo


Property Details

List Price: $2,999,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: RE/MAX Services
Agency Phone: (215) 641-2500

Map Details Show Map | Show StreetView



Description/Comments

Lot Size: 0 acre(s)
Property Type: Commercial Sale-Other
Year Built: 1880
Notes: This is a rare and unique opportunity to acquire the profitable Royersford Hotel! The purchase includes two adjacent buildings consisting of 17,538 sq. ft. which includes 25 rooms and 1 bedroom apartments plus a recently updated bar/restaurant with hotel liquor license. The CAP rate for 2023 income/expenses is 8.15%! Current ownership runs both properties as a hotel with a minimum stay of 1 week for tenants. Vacancies for the 25 units is rare and some tenants have been there for many years. 209 Main St is a 7 unit building with (3) one bedroom apartments, (2) studios, (2) hotel rooms and a laundry room which services both buildings. 211 Main St has (5) one bedrooms apartments, (12) hotel rooms and(1) studio. The first floor is a 3,500 sq. ft. bar, restaurant & fully equipped commercial kitchen with front & rear entrances. The new owner can manage the business themselves, in conjunction with a partner or lease the bar & restaurant to a new tenant. The growth opportunities for the bar & restaurant are significant. The commercial kitchen is a valuable asset to this business and meets all safety & hygiene standards with high end cooking equipment, exhaust system, fire suppression and fridge/freezer storage. New & used cooking oil is stored in basement cylinders for easy access & clean up. The video and images of the property speak for themselves. Please contact the list agent for financial information and to schedule an appointment. This is a must see investment opportunity!
MlsNumber: --
ListingId: PAMC2116360


Listing Provided By: RE/MAX Services, original listing
Phone: (610) 641-2505
Office Phone: (215) 641-2500
Agent Name: Michael Choplin
Disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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